[23] RECESSION?! ⚠️

7:38
 
Share
 

Manage episode 337649405 series 2883147
By Marco Randazzo and Marco Randazzo: 8z Real Estate. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Are we in a recession? Is the housing market in Colorado going to collapse? Is all of my hard earned equity going to go down the tubes?

These are questions that we address in this episode. Find the articles listed below for more information. Technically, we are in a recession but it doesn’t super feel like it. In part because the limited housing supply is keeping the demand strong, and also because unemployment has reached a 50 year low at 3.5%.

So is there a storm coming? Housing values are predicted to continue to rise, but they’re very likely not to go up at the same pace they have been. Only time will tell, but generally speaking real estate is a long game. Holding on to your assets is a great way to build long term wealth.

Most Americans Think We’re In A Recession https://www.newsweek.com/us-recession-american-poll-economy-1724222

Amount of New Home Sales Are Lower Than Predicted https://www.housingwire.com/articles/new-home-sales-make-it-clear-housing-is-in-a-recession/

Homeowners Equity Position https://www.attomdata.com/news/market-trends/home-sales-prices/attom-q1-2022-u-s-home-equity-and-underwater-report/

Markets Most Vulnerable in a Recession https://www.redfin.com/news/metros-recession-risk-housing-downturn-2022/

Find episode [23] of the podcast: Sold By Marco on YouTube, Spotify, iTunes, or wherever you get your podcasts.

Marco Randazzo - 8z Real Estate

marco.randazzo@8z.com // 407-721-1569

27 episodes